Mike Shedlock

Contributor since: 26 Feb 2010

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• The Apologists Club

  Published 26 March 2006 | viewed 5,216 times

  I am pleased to announce the start of a new club. It is called the Real Estate Apologists Club (REAC). There are no dues or…

• In Praise of Saville

  Published 23 March 2006 | viewed 4,565 times

  Steve Saville wrote a very nice piece on inflation entitled The Non-Stop Inflation. Although we disagree on the "end game" it sure is nice to…

• Mideast Contagion?

  Published 17 March 2006 | viewed 6,133 times

  The Washington Post is reporting Gulf Markets Hit With Widespread Selling. DUBAI, United Arab Emirates -- The relatively new stock markets in the Gulf have…

• The Sorry State of US Gov't Accounting Practices

  Published 14 March 2006 | viewed 4,787 times

  I just finished reading the US Government's consolidated financial statements for the fiscal year ending September 30, 2005. If you wish to read the full…

• Bubble Busting Phoenix

  Published 12 March 2006 | viewed 10,266 times

  Congratulations are in order to Bill Buckner for breaking the story about 14,601 Vacant Homes in greater Phoenix area. Recently, it was reported in the…

• Dust Bowls and Hurricanes

  Published 08 March 2006 | viewed 9,092 times

  Accu-Weather meteorologists are asking Is America facing yet another dust bowl? Accu-Weather.com meteorologists have warned oceanic conditions similar to those that triggered the ruinous "Dust…

• The Red Queen Race

  Published 24 February 2006 | viewed 5,463 times

  In Lewis Carroll's Through the Looking-Glass there is an incident involving the Red Queen, a representation of a Queen in chess, and Alice constantly running…

• Peak Water?

  Published 17 February 2006 | viewed 6,770 times

  Not only are risk preferences such that people are willing to speculate heavily on home price appreciation, they also seem willing to take a gamble…

• KBH Insider Sales

  Published 15 February 2006 | viewed 5,724 times

  Before we take a look at insider sales, let's take a look at KB Homes orders and cancellations. Dow Jones is reporting KB Home Says…

• Foreclosures Rise / More Defaults Expected

  Published 08 February 2006 | viewed 6,993 times

  KnowledgePlex is reporting there will be a Flood of Mortgage Defaults in the Gulf Coast as Grace Periods Expire. Foreclosures.com, a California based investment advisory…

• The Kondratieff Cycle Revisited

  Published 18 January 2006 | viewed 9,639 times

  Deflationists argue, "Next year, in America!" They have been wrong every year since 1933. Inflationists argue, "Next year, in America!" They have been correct every…

• Has the FED Already Overshot?

  Published 16 January 2006 | viewed 7,375 times

  Mish notes: This post is a revised listing. The only change is substituting a Bloomberg yield chart for one from Yahoo. Several people pointed out…

• Energy Crisis & the Politics of Oil

  Published 12 January 2006 | viewed 5,600 times

  Mish note: This topic was discussed today Wednesday 11, 2006 on HoweStreet. We also discussed gold, china, Australia, M3, deflation, and credit. Here is the…

• Hybrid Loan Time Bomb

  Published 03 January 2006 | viewed 10,008 times

  The HeraldTribune is reporting the clock is winding down on the Hybrid Loan and Sub-Prime mortgage time bombs. Starting in 2006 and accelerating into 2007,…

• Affordable Housing

  Published 31 December 2005 | viewed 7,606 times

  Housing is more affordable now than it was twenty years ago according to the New York Times article: Twenty Years Later, Buying a House Is…

• No Worries

  Published 23 December 2005 | viewed 5,248 times

  Richmond FED president says Rate policy likely in flux. Short-term U.S. interest rates probably won't reach a plateau and then remain steady as financial markets…

• Timing the Credit Event

  Published 07 December 2005 | viewed 7,569 times

  Back in September we asked: Are we headed for a "credit derivatives event"? We pointed out what Saxon Capital was saying in an earnings conference…

• Parties, Gifts, and Bonuses

  Published 28 November 2005 | viewed 3,998 times

  The USA Today is reporting firms are cutting back on parties, gifts, and bonuses. This year marks the first drop in companies holding holiday parties…

• No Social Security Number? No Problem!

  Published 22 November 2005 | viewed 6,811 times

  It's the American dream: owning a home. With the recent spike in housing costs, it's become more difficult for many Valley families to qualify for…

• Bank Lending Practices

  Published 16 November 2005 | viewed 6,486 times

  The October 2005 Federal Reserve Survey on Bank Lending Practices shows that most banks still haven't altered lending standards for home equity lines of credit…